Here are expert equity calls for the day on how the markets are expected to trade:
Parul Saini, RBS: RBI's macroeconomic review suggests continuation of its anti-inflationary monetary stance. This implies additional policy rate hikes post today's expected 25 bps hike. We continue to be buyers of Indian equities as valuations have moderated and interest rates are close to peaking out.
Sakthi Siva, Credit Suisse: India has seen poor start to the earnings season. The downgrade to current and next year's consensus EPS is over 1% in India.
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